Volvo aims to become the first major manufacturer to offer an all electric car range within two years.
The announcement marks “the historic end” of cars solely powered by petrol or diesel and puts electrification “at the core” of the Swedish company’s future business.
Volvo said this week it will launch five fully electric car models between 2019 and 2021.
These will be supplemented by a range of petrol and diesel plug-in hybrid and mild-hybrid 48-volt options on all models, representing one of the broadest electric car ranges offered by any manufacturer.
Chief executive Håkan Samuelsson said: “This is about the customer. People increasingly demand an electric car and we want to respond to our customers’ current and future needs.
Volvo aims to hit one million electric car sales by 2025
Samuelsson added: “This announcement marks the end of the solely combustion engine-powered car.
“We have said we plan to have sold a total of one million electric cars by 2025. When we said it we meant it. This is how we are going to do it.
The announcement underlines Volvo Cars’ commitment to minimising its environmental impact and helping make the cities of the future cleaner.
The company plans to reduce carbon emissions from its cars as well as its operations – aiming to have climate-neutral manufacturing operations by 2025.
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